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SO Southern dividend history, payout ratio & dates

Southern's latest dividend of $0.74 per share was on May 19, 2025 (ex-date). The annualized dividend distribution of $2.9 per share represents a current dividend yield of 3.23%. The latest SO payment of $0.74 marks a dividend growth of 2.8%.

Key dates

  • SO last dividend date: May 19, 2025
SO dividend stats
DPS
$2.9
Dividend yield
3.25%
Payout ratio
69%
vs. Utilities sector
Dividend yield
3.08%
Payout ratio
62.6%

Dividend yield

What is Southern current dividend yield

SO has a dividend yield of 3.23% which is above the Utilities sector average but below the industry average. But compared to its Utilities sector average of 3.08%, Southern's dividend yield is only 4.9% higher. The current dividend yield is below the historical average of 3.9% of the last 5 years.

Dividend history

What is SO dividend payout history and dates

Southern has a history of paying dividends since 1994. Our records of SO show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 2.8% since twelve months ago. But with the price of the stock up by 12% from a year ago, the dividend yield has a decrease of 9%.

Recent dividends

Ex-dateAmountYield (TTM)
May 19, 2025$0.743.24%
Feb 18, 2025$0.723.35%
Nov 18, 2024$0.723.25%
Aug 19, 2024$0.723.27%
May 17, 2024$0.723.55%
Feb 16, 2024$0.74.21%
Nov 17, 2023$0.73.98%
Aug 18, 2023$0.74.07%
May 12, 2023$0.73.74%
Feb 17, 2023$0.684.08%
Nov 18, 2022$0.684.12%
Aug 12, 2022$0.683.43%
May 13, 2022$0.683.61%
Feb 18, 2022$0.664.14%
Nov 12, 2021$0.664.23%
Aug 13, 2021$0.663.97%
May 14, 2021$0.663.96%
Feb 12, 2021$0.644.26%
Nov 13, 2020$0.643.97%
Aug 14, 2020$0.644.71%
May 15, 2020$0.644.76%
Feb 14, 2020$0.623.59%
Nov 15, 2019$0.623.95%
Aug 16, 2019$0.624.24%
May 17, 2019$0.624.5%
Feb 15, 2019$0.64.94%
Nov 16, 2018$0.65.08%
Aug 17, 2018$0.65.02%
May 18, 2018$0.65.48%
Feb 16, 2018$0.585.28%
Nov 17, 2017$0.584.51%
Aug 17, 2017$0.584.76%
May 11, 2017$0.584.54%
Feb 16, 2017$0.564.64%
Nov 17, 2016$0.564.68%
Aug 11, 2016$0.564.21%
May 12, 2016$0.564.36%
Feb 11, 2016$0.5434.52%
Nov 12, 2015$0.5434.9%
Aug 13, 2015$0.5434.63%
May 14, 2015$0.5434.9%
Feb 12, 2015$0.5254.51%

Southern dividend payout ratio

What is Southern dividend payout ratio compared to the sector

Payout ratio

SO has a payout ratio of 69% which is higher than the Utilities sector and the industry average but lower than its peers average. In comparison with the Utilities sector average of 62.6%, Southern's payout ratio is 10% higher.

Created with Highcharts 9.0.169%

Total amount of dividends paid per financial year (from cash flow)

SO dividend vs peer dividends

How does SO dividend compare to its peers' dividends
NameDividend yieldDPSPayout ratio
D Dominion Energy Inc4.8%$2.67110.8%
FE Firstenergy Corp4.08%$1.7291.5%
AEP American Electric Power Co Inc3.61%$3.6770.7%
DUK Duke Energy CORP3.6%$4.1869.3%
SO Southern Co3.25%$2.969%
NEE Nextera Energy Inc3.25%$2.1178.8%
PPL PPL Corp3.03%$1.0577.4%
ETR Entergy Corp2.9%$2.3775.6%
NRG Nrg Energy Inc1.09%$1.726.3%
Stock:
SO
DUK
D
ETR
AEP
NEE
FE
PPL
NRG
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Created with Highcharts 9.0.1Payout ratioDividend yieldSOSODUKDUKDDETRETRAEPAEPNEENEEFEFEPPLPPLNRGNRG253035404550556065707580859095100105110
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Frequently asked questions

Does Southern pay a dividend?

Yes, Southern has been paying dividends for the last 31 years.

When was SO's last dividend?

Southern's last regular dividend was on May 19, 2025 (ex-date) with the amount of $0.74 per share.

How much dividend does Southern pay (per share)?

SO's annualized dividend per share is $2.9.

What is Southern's dividend yield?

The current dividend yield of Southern is 3.23%.

How often does Southern pay dividends?

Southern pays four dividends per year.

What is Southern's dividend payout ratio?

The dividend payout ratio of Southern is 69%.

Does Southern pay a good dividend?

Southern's dividend yield is similar to the Utilities sector average.

Special dividends are included in TTM DPS and yield.